New airport master lease framework
Naples Municipal AirportFlorida- Detected
- Jul 6, 2026
- 120 days ago
- Sector
- Capital Projects
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THE 30-SECOND BRIEF
The City of Naples and Naples Airport Authority released a non-binding lease term sheet that will replace the 1969 ground lease and reset governance, land use, and capital planning for the airport. It requires an Airport Utilization Plan, a rolling capital improvement plan (CIP), approval matrices, and detailed rules for subleases, concessions, tenant construction, environmental duties, and equipment/improvements turnover. This signals multi-year planning and development activity where consultants, designers, builders, and service providers can help shape future projects, shared infrastructure, and tenant improvements once the new lease is finalized.
Term sheet is expressly non-binding and subject to both boards’ approvals and legal review. It will govern FAA grant use on City-owned land and require City approval for major subleases, vertical construction, and non-aeronautical development.
From the meeting
- Meeting date
- July 6, 2026
- Agency
- Naples Municipal Airport
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